April 25, 2024
DOWA HOLDINGS CO., LTD.
DOWA HOLDINGS CO., LTD. (“the Company”) has revised its full-year consolidated financial forecasts for the fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024), which were announced on November 10, 2023, in light of the recent performance. Details are as follows:
1. Full-year Consolidated Financial Forecasts for the Fiscal Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)
|
Net Sales |
Operating Income |
Ordinary Income |
Profit attributable to owners of parent |
Net Income per share |
|
|
(Millions of Yen) |
(Millions of Yen) |
(Millions of Yen) |
(Millions of Yen) |
(Yen) |
|
|
Previous Forecasts (A) |
705,000 |
23,000 |
35,000 |
23,000 |
386.40 |
|
Revised Forecasts (B) |
715,000 |
30,000 |
44,000 |
27,000 |
453.56 |
|
Changes (B-A) |
10,000 |
7,000 |
9,000 |
4,000 |
|
|
Percentage Changes (%) |
1.4 |
30.4 |
25.7 |
17.4 |
|
|
(Ref.) Previous Fiscal Year Results |
780,060 |
44,610 |
55,501 |
25,041 |
420.76 |
2. Reasons for Revisions of the Consolidated Financial Forecasts
In the business environment from the third quarter of the fiscal year ended March 31, 2024, sales of new forms of energy-related products and information and communication-related products were higher than the previous forecasts. The average exchange rate of the yen weakened against the U.S. dollar compared to previous forecasts, and the average price of gold, silver, and copper increased. In addition, losses incurred due to the write-down of book value of zinc inventories were decreased. Moreover, the equity method income of overseas zinc mine operating companies increased.
As a result, the full-year consolidated financial forecasts for the fiscal year ended March 31, 2024, are expected to exceed the previous forecasts.
3. Consolidated Financial Forecasts by Segment
Full-year Consolidated Financial Forecasts for the Fiscal Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)
(Billions of Yen)
|
Previous Forecasts |
Revised Forecasts |
Changes |
|||||||
|
Net Sales |
Operating Income |
Ordinary Income |
Net Sales |
Operating Income |
Ordinary Income |
Net Sales |
Operating Income |
Ordinary Income |
|
|
Environmental Management & Recycling |
147.0 |
9.8 |
10.5 |
150.0 |
10.5 |
11.0 |
3.0 |
0.7 |
0.5 |
|
Nonferrous Metals |
317.0 |
4.9 |
11.8 |
315.0 |
8.9 |
18.0 |
(2.0) |
4.0 |
6.2 |
|
Electronic Materials |
170.0 |
0.6 |
2.7 |
183.0 |
1.6 |
3.5 |
13.0 |
1.0 |
0.8 |
|
Metal Processing |
116.0 |
4.5 |
4.9 |
116.0 |
4.9 |
5.1 |
0.0 |
0.4 |
0.2 |
|
Heat Treatment |
33.0 |
2.3 |
2.9 |
32.0 |
2.4 |
3.2 |
(1.0) |
0.1 |
0.3 |
|
Other / Elimination |
(78.0) |
0.9 |
2.2 |
(81.0) |
1.7 |
3.2 |
(3.0) |
0.8 |
1.0 |
|
Total |
705.0 |
23.0 |
35.0 |
715.0 |
30.0 |
44.0 |
10.0 |
7.0 |
9.0 |
(Notes)
The above values have been rounded down to the nearest second decimal place. Therefore, the total values of some segments may not be the same as the sum of the detailed values in each segment.
The forecasts included in this document are based on the information available to the Company at the time of the announcement and certain assumptions considered reasonable. Actual results may differ due to a range of factors.
